Where can I pay with terra?
In 2022, crypto has become widespread and acknowledged many places abroad, meaning you can use cryptocurrency as a regular payment method on many foreign platforms and websites.
However, when it comes to terra (LUNA) in 2022, it’s a bit difficult to find places who accept it. This is because the cryptocurrency experienced a large crash in May 2022, which made several places temporarily stop terra transactions. There’s always a large risk connected to buying and selling crypto.
Tip: Read more about terra and why it crashed here .
But you still have options, if you wish to use your terra coins as a payment method.
Withdraw your terra coins to your Lunar bank account with Lunar Block
Lunar Block is probably Denmark’s easiest platform for buying and selling terra and other cryptocurrencies. You can trade crypto directly from the app at a set, low price.
You’re getting a set, low trading price of 2,5% of your purchase or sale as a Standard user, 1,5% as a Premium user - and if you have Lunar Pro, that price is just 1%. You’re avoiding pointless fees such as deposit fees, withdrawal fees and safe deposit fees.
When you need to use the money to pay for goods physically in a local store, you can transfer your crypto to your Lunar card, where it’s exchanged to Danish Kroner - hassle free.
You’re never more than a few swipes away from exchanging your crypto values to Danish Kroner.
With Lunar Block’s platform it’s not just terra you can trade. With the platform, you’re also getting access to a number of the most popular cryptocurrencies such as bitcoin , ethereum , dogecoin , cardano and many more.
With Lunar Block you can invest in cryptocurrency - without investing all your time.
See how to get started here.
We do not counsel
We do not advise on currencies and do not make recommendations for either buying or selling. We can provide factual information about the different currencies, but past price developments are not an indication of future developments.
No information from Lunar Block should therefore be considered as recommendations and all decisions are up to you alone.
How you can pay with terra
There are a lot of websites and platforms, where you can exchange your terra coins to money which the stores accept - such as Danish Kroner.
With Lunar Block for example, you can buy and sell terra directly from your phone, and when you want to use it to pay with, you can exchange your coins to DKK directly in the app. The money can then be deposited to your Lunar bank account , which is a completely regular bank account that can be used in stores and online.
And it’s easy to get started. All you have to do is download the Lunar app and sign up to Lunar Block. Before you can trade, you need to complete a crypto quiz to get familiar with the risks connected to buying and selling cryptocurrency.
Tip: Read more about why terra is connected to risks .
After the quiz, you’re ready to trade terra and other cryptocurrencies. When you need the money to purchase something, you can get your crypto values transferred to your Lunar account with just a few swipes.
Get Lunar now
If you don’t want to use a Danish platform, and would rather use a foreign service, there are a lot of opportunities. Here, a common service is the crypto debit card, among other things. See a list over the most popular issuers of crypto debit crypto cards here:
Important!: The issuers are foreign platforms, and we cannot vouch for their security or credibility. The platforms are among the most popular on the market, but you always need to be cautious when you’re dealing with cryptocurrency.
If a credible and transparent platform is important to you when you’re trading cryptocurrency, Lunar Block is a great place to start. Our prices are transparent and you can get started in a matter of minutes.
Cryptocurrencies can rise and fall
When you trade cryptocurrencies, you need to be aware that it carries a large risk. The value of your cryptocurrency can both rise and fall, and you can risk losing the entire amount you’ve invested in cryptocurrencies.
Cryptocurrency trading is done through Lunar Block. Lunar Block is not regulated by the Danish Financial Supervisory Authority (Finanstilsynet). That means you won’t have the same protection as when trading e.g. stocks or other regulated assets.
We do not counsel
We do not advise on currencies and do not make recommendations for either buying or selling. We can provide factual information about the different currencies, but past price developments are not an indication of future developments.
No information from Lunar Block should therefore be considered as recommendations and all decisions are up to you alone.
Last updated April 18, 2023. We’ve collected general information. Please note, that there may be specific circumstances that you and your business need to be aware of.
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